Director at Reddit (RDDT) receives 1,714 RSUs vesting by 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Habiger David C reported acquisition or exercise transactions in this Form 4 filing.
Reddit, Inc. director David C. Habiger received a grant of 1,714 shares of Class A Common Stock in the form of restricted stock units at no cash cost. These units will vest in full on the earlier of the first anniversary of the grant date or immediately before the 2027 annual stockholders meeting, subject to his continued service. After this grant, he holds 36,981 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Habiger David C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,714 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 36,981 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,714 shares
Grant price per share: $0.00 per share
Post-grant holdings: 36,981 shares
+1 more
4 metrics
RSU grant size
1,714 shares
Restricted stock units of Class A Common Stock granted to director
Grant price per share
$0.00 per share
Recorded transaction price for the RSU award
Post-grant holdings
36,981 shares
Total Class A Common Stock held directly after the grant
Vesting condition date
2027 annual meeting
RSUs vest by first anniversary or immediately before 2027 stockholders meeting
Key Terms
restricted stock units, vest in full, annual meeting of stockholders
3 terms
restricted stock units financial
"The shares represent restricted stock units, which will vest in full"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest in full financial
"which will vest in full on the earlier of (i) the first anniversary"
annual meeting of stockholders financial
"immediately before the Issuer's annual meeting of stockholders to be held in 2027"
FAQ
What insider transaction did Reddit (RDDT) report for David C. Habiger?
Reddit reported that director David C. Habiger received 1,714 shares of Class A Common Stock as a restricted stock unit grant. The award was recorded at a price of $0.00 per share and represents compensation rather than an open-market stock purchase.
What is the vesting schedule for David C. Habiger’s new Reddit (RDDT) RSUs?
The restricted stock units will vest in full on the earlier of the first anniversary of the grant date or immediately before Reddit’s annual stockholders meeting to be held in 2027. Vesting is conditioned on Habiger’s continued service through the applicable vesting date.
What are David C. Habiger’s Reddit (RDDT) holdings after this Form 4 grant?
Following the grant, David C. Habiger directly holds 36,981 shares of Reddit Class A Common Stock. This total includes the 1,714 shares underlying the newly granted restricted stock units, which are subject to vesting conditions tied to his ongoing service.